ns
@nickysap
Gm I see the presale meta has arrived on Farcaster That always ends well
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Chase Sommer
@chasesommer.eth
Willing to explain to noob?
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ns
@nickysap
Basically someone posts an address and says send x ETH here for presale. Tons of people do it because it’s a lotto ticket. Then either the individual disappears or instantly rugs the project. In rare cases, it becomes a huge project (see: BOME). They are posting from both 33Bits and anoncast, ensuring there is no recourse for the inevitable outcome.
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Chase Sommer
@chasesommer.eth
Like presale of a token/new chain? Never been a part of ITO
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